News & Insights

    Workplace wardrobe considerations

    The U.S. Senate recently updated its stance on what can be worn on the senate floor. Traditionally senators were expected to dress strictly in business professional attire, but the Majority Leader has opted to no longer enforce the unwritten dress code. This controversial decision reflects a...

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    Employers beware of ERTC claims

    The Employee Retention Tax Credit (ERTC) was spawned to help businesses that continued paying employees even when operations were closed due to a COVID-19 government shut down, or despite experiencing a significant loss in revenue during that period. Since the ERTC creation, bad actors have been...

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    Another Transparency in Coverage requirement begins soon

    On November 12, 2020, the Transparency in Coverage Act (TiC) was adopted, with the goal of bringing more transparency to health care costs. Provisions from the final rule are already in effect. As of January 1, 2023, health plans and health insurers were required to provide a self-service,...

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    Agencies consider impact of offering OTC products at no cost  

    Since passage of the Affordable Care Act (ACA), many preventive care services are covered at no cost to health plan participants. An October information request issued by the IRS and two other federal agencies is evaluating whether to expand no-cost preventive care to include over-the-counter (OTC)...

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    Take note of 2024 thresholds, limits

    Employers sponsoring a group health plan have a laundry list of limits and thresholds to note each year. Prepare for 2024 by noting these important IRS-set numbers

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    Trending topic: weight loss drugs and employer health plans

    Weight loss trends fade in and out of popularity, but the latest solution has employers looking at the implications on their benefit plan design. GLP-1s are an in-demand, high-cost class of medications that were originally used to treat diabetes, but have garnered attention for their effect on...

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    Court strikes down 2021 copay accumulator rule

    In September, a federal judge struck down a 2021 Trump administration rule that gave health plans and pharmacy benefit managers (PBMs) the latitude to exclude the value of drug manufacturer coupons toward a member’s out-of-pocket cost. Plaintiffs in the case argued the practice conflicts with the...

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    New overtime rules could arrive in August

    The Department of Labor (DOL) anticipates proposing new overtime rules sometime in August. The forecasted announcement is included in the government agencies’ spring regulatory agenda, but the actual date could be subject to change. The DOL originally listed a new overtime ruling on their...

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    AI and employment practices – what employers need to note

    With the use of Artificial Intelligence (AI) growing in popularity, it is no surprise that its capabilities have begun to integrate into employment practices. While using AI to aid in hiring processes can ease some of the burdens HR professionals are tasked with, the Equal Employment Opportunity...

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    HSA limits set for 2024  

    Health Savings Accounts (HSAs) are an attractive benefit offering for those looking to boost their savings without sacrificing care. HSAs are tax-exempt accounts that must be coupled with a high deductible health plan (HDHP), whose unused funds can rollover year to year.

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